Maharram is 47 years old and is married with three sons. For more than 20 years, he has been dedicated to cattle breeding. Maharram is an IDP (internally displaced person) and lives with his family in the Bilasuvar IDP Settlement. Milk and meat sales are fundamental to his ability to earn a profit and they bring him a stable monthly income of 160 AZN. However, this is not enough to cover the needs of his children.
Maharram is requesting a 1,000 AZN loan to improve his living conditions and increase income. He will use his loan to purchase a milk cow and a calf.
Aqroinvest Credit Union was founded by a group of 32 Imishli farmers in 2001, and has grown to become one of the largest credit unions in Azerbaijan. It boasts a portfolio of nearly $5 million and is wholly owned by its more than 3,500 borrowers, as of December 2011.